Definition of the Day – Downstream Industry

The downstream industry refines and processes hydrocarbons into usable products such as gasoline, jet fuel, and diesel.  It also involves the selling and distribution of these products.

Downstream functions:

  • Refines raw crude oil and natural gas into usable materials
  • Markets and distributes petroleum and natural gas based materials to consumers
Gas Stations
Gas Stations
Wax
Wax
Natural Gas
Natural Gas